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Charitable Gift Annuity |
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How It Works
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You transfer cash or securities to Scattergood. |
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Scattergood pays you, or up to two annuitants you name, fixed income for life. |
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The principal passes to Scattergood when the contract ends. |
Benefits
- You receive an immediate income tax deduction for a portion of your gift.
- Your annuity payments are guaranteed for life, backed by a reserve and the assets of Scattergood.
- Your annuity payments are treated as part ordinary income, part capital gains income (15%), and part tax-free income.
- You can have the satisfaction of making a significant gift that benefits you now and Scattergood later.
More
- Is this gift for you? Click here.
- Read more detail. Click here.
To learn more about charitable gift annuities, Email us, complete the Information Request form, or call us at 319-643-7621 so that we can assist you.
Margie Figgins '83
Email Margie here
Director of Development
